Life In Small Firms & Solo Practices - a Q&A - April 14

A conversation about the opportunities and challenges that are part of life in small firms & solo practices.

A Clarion Call to all my Fellow Small Firm Managing Partners to Step-up and Hire Summer Associates. Will you answer the call?

like
Reaction Icon Like
Arrow Icon

How much should I have saved before going on my own? I’m a 2 yr Atty going on 3 and I’m mostly scared to go on my own because of my student loans.

like
Reaction Icon Like
Arrow Icon

Having my own from has always been the goal. I’m at a ‘big law’ law firm at the moment and I think it’s time start planning to make the jump in the next few years.(continued)

Reaction Icon Like
Arrow Icon

What's your approach to hiring and training associates, especially recent law school grads? I've had mixed experiences. Not sure if I should improve my management or focus on more experienced hires

like
Reaction Icon Like
Arrow Icon

II’m close to ready to go out on my own. The hardest part is leaving the perks of a firm: receptionist, assistant, CLE’s/insurance/bar dues/organizations all paid for, etc. Advice on overcoming that?

like
Reaction Icon Like
Arrow Icon

Do you generate a lot of business through your online presence? How can a new solo approach online marketing with a low budget?

like
Reaction Icon Like
Arrow Icon

Partners: What has been the most frustrating part of managing your associates remotely?

like
Reaction Icon Like
Arrow Icon

Associates: What is the most unreasonable ask a small firm partner has recently made of you?

like
Reaction Icon Like
Arrow Icon

What would you say are the 3-5 biggest barriers to opening and/or running a solo practice?

like
Reaction Icon Like
Arrow Icon

As a woman, I've had clients who don't take me seriously. In meetings, some address questions to a junior male associate and ignore me. How do you assert yourself in these situations?

like
Reaction Icon Like
Arrow Icon

How much do you think is required to save up to put towards the practice and expenses before starting? Nothing? $50K? $100K?

like
Reaction Icon Like
Arrow Icon

I've only been in this industry for a few years and have been struggling to find a mentor. What's the best way to find one?

like
Reaction Icon Like
Arrow Icon

As a recent graduate, how did you attract clients and build a book of business?

like
Reaction Icon Like
Arrow Icon

How did you balance the process of growing your case load and hiring over time, so you build stable revenue without overwhelming your team?

like
Reaction Icon Like
Arrow Icon

How do you manage the pressure of growing your practice and maintain work/life balance?

like
Reaction Icon Like
Arrow Icon

For those of you who are associates at small firms, has working remotely changed any of your firm dynamics? Both work flow and culture?

like
Reaction Icon Like
Arrow Icon

What's the best way to grow your network of attorneys without being part of a big law firm?

like
Reaction Icon Like
Arrow Icon

Good Morning! I'm looking forward to answering your questions today.

like
Reaction Icon Like
Arrow Icon

How are you approaching the current crisis? How are small firms specifically impacted?

like
Reaction Icon Like
Arrow Icon

What skills have you used the most in successfully growing your own practice?

like
Reaction Icon Like
Arrow Icon

Download the Fishbowl app

That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Sign in here

Share

Embed this post

Copy and paste embed code on your site

Preview